Friday, May 8, 2015
We will have better performance in the Emerging Markets
Do you think the case for investing in emerging markets (EMs) is weakening?
No, I don’t think so. If you look at the valuations of stocks around the world, one of the most expensive markets is the US and you have growth deceleration there. There is better value in Europe and the cheapest are the EMs. This year alone, we have seen EMs significantly outperform the US. We will have better performance in the EMs.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Posted by Nicole Bourbaki